https://www.taxtmi.com/caselaws?id=266746 The Tribunal partly allowed AMD India Private Limited's appeal, directing the AO/TPO to re-compute the Arm's Length Price (ALP) by excluding certain comparables and applying the turnover filter. The Tribunal also instructed the AO to adjust the computation of deduction under section 10A of the Income Tax Act. Other issues such as charging of interest under section 234B were deemed consequential and required appropriate relief, while the initiation of penalty under section 271(1)(c) was dismissed as non-appealable. en-us Wed, 23 Sep 2015 00:00:00 +0530 Fri, 23 Oct 2015 10:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=266746 The Tribunal partly allowed AMD India Private Limited's appeal, directing the AO/TPO to re-compute the Arm's Length Price (ALP) by excluding certain comparables and applying the turnover filter. The Tribunal also instructed the AO to adjust the computation of deduction under section 10A of the Income Tax Act. Other issues such as charging of interest under section 234B were deemed consequential and required appropriate relief, while the initiation of penalty under section 271(1)(c) was dismissed as non-appealable. Case-Laws Income Tax Wed, 23 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=266746